Calgary Realtor

$715,000 · For Sale
1717 St Edward Boulevard N, Lethbridge, Alberta
1,934sq ft
8,609sq ft Lot
72Days on Market

About This Property

Fully Rented Fourplex - Turnkey Investment OpportunityLooking to add a solid income-producing property to your portfolio? This well-maintained northside fourplex offers immediate rental income with all four units currently occupied by long-term, reliable tenants.Each spacious unit features 2 bedrooms, 1 bathroom, in-suite laundry, and its own private storage area. Three of the four units have been tastefully updated, while the fourth has been exceptionally well cared for by a long-term tenant, offering future upside whenever turnover occurs.Major capital improvements have already been completed, including the roof (2016) and windows (2017), helping reduce future maintenance costs. Utilities are separately metered, with tenants responsible for their own utility expenses, making this an efficient investment to manage.Conveniently located close to schools, parks, public transit, and everyday amenities, this property continues to attract quality tenants in a desirable rental location.Whether you're expanding your portfolio or purchasing your first multi-family investment, this fully occupied fourplex offers strong income potential with room for future growth.

Key Features

  • Built in 1974
  • Multi-Family
  • Freehold

Property Details

Community St Edwards
Property Type Multi-Family
Building Type Multi-Family
Year Built 1974
Ownership/Title Freehold
MLS® Number A2331849

Size & Land

Finished Area 1,934 sq ft
Land Size 8,609 sq ft Lot

Parking

Parking Spaces 8

Financial & Other

Property Taxes $8,637/yr

Location

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Map location is approximate.

Estimated Monthly Payment

$3,037/mo

Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.

  • Mortgage$3,037
  • Property tax$720
  • Estimated total$3,757/mo
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Listing courtesy of LPT Realty · Lethbridge & District Association of REALTORS®
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